BREAKING NEWS

Obama to meet US CEOs on cyber security

By REUTERS

MARCH 13, 2013 01:53

WASHINGTON - US President Barack Obama will sit down on Wednesday with corporate leaders to discuss efforts to improve cyber security in private industries amid rising concern about hacking attacks emanating from China.

The White House said that in the meeting, to take place in the Situation Room, Obama would discuss efforts to address the cyber threat and solicit the CEOs' input on how the government and private sector can best work together to improve the country's cyber security.

Cyber security has become a growing challenge to the economic relationship between China and the United States. In a speech in New York on Monday, White House national security adviser Tom Donilon said Beijing needs to recognize the scope of the problem.

US businesses have been increasingly concerned about the targeted theft of confidential business information and proprietary technologies through cyber intrusions emanating from China, Donilon said in a speech to The Asia Society.

"The international community cannot afford to tolerate such activity from any country," he said.

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